£43,563
This estimated value is based upon the latest sale price for the house of £35,250 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for COUNTY DURHAM 1
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| Price Paid | Date |
|---|---|
| £35,250 | 9 Dec 2019 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for COUNTY DURHAM to estimate the market value.
When this house was purchased in December 2019 the House Price Index for COUNTY DURHAM was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £35,250 results in an estimated price of approximately £43,563.
| 9 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £35,250 | £8,313 | £43,563 |
The Postcode Pricing Model uses changes in average sales price within the DL12 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 25.181 % | £8,876 | £44,126 |
| 3 Month Average | -6.435 % | £-2,268 | £32,981 |
| 6 Month Average | 5.336 % | £1,880 | £37,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £107,735 | £105,000 | 34 HILL TERRACE |
| 10 Feb 2023 | £327,186 | £325,000 | 5 HILL TERRACE |
| 1 Sep 2022 | £77,448 | £77,500 | 19 TOWN END |
| 20 Dec 2021 | £167,293 | £155,000 | 6 CHAPEL ROW |
| 9 Dec 2021 | £427,946 | £396,500 | 1 TOWN END FARM COTTAGES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Town End |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Terrace |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leekworth Lane |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Leekworth Lane |
| Jul 2024 | Burglary | Under investigation | On or near Horsemarket |